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Buying Breakouts

Published 10/12/2017, 08:15 AM
Updated 07/09/2023, 06:31 AM

Buying breakouts during the middle phase of a bull market will, most of the time, cause traders to experience a draw-down. That's because this market phase tends to stair-step higher with numerous set backs. The preferred strategy is to try and catch the intermediate-cycle low and ride it until the intermediate cycle tops.

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